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For the employees at Figma, their shot at cashing out evaporated when the Adobe deal was called off. I know people who were ready to leave Github in the past, b

For the employees at Figma, their shot at cashing out evaporated when the Adobe deal was called off. I know people who were ready to leave Github in the past, but their manager told them to wait a bit, there’s a big acquisition coming and their equity would be worth sizeably more. So here’s one of those scenarios: you’re working at Figma. Perhaps you’re burned out or just want to try out something different. This acquisition deal with Adobe has been signed and you’re grinding through the days waiting for your chance to cash in on the years of work with Figma that have nearly paid off. Then this happens. This affects startups similarly. The non IPO exit path got that much less attractive.

datavirtue 3y ago
If your grants at Figma aren't paying yet, they didn't give you anything. My ETFs are paying me every six months.
- throwaway2037 3y ago
  > My ETFs are paying me every six months. Equity ETFs or bond ETFs? If equity, I guess the max you can get is 4% yield, which is still worse that money market, plus you take equity risk. If bond ETFs, they will tank when rates fall. I never understand the appeal of bond ETFs; money market funds are enough for my fixed income needs. They are basic, easy to understand, liquid, etc.
  - baq 3y ago
    > they will tank when rates fall you mean yields? the etfs themselves will rocket up.